CanAlaska Uranium (CVV) News Today

CanAlaska Uranium Ltd. (CVE:CVV) has seen a flurry of insider selling over the past week, which may be putting downward pressure on its shares.

• No insider purchases were reported in the recent filings, indicating a lack of internal buying support.
• Director Karen Lloyd sold 40,000 shares at an average price of C$0.86 on May 23, totaling C$34,400.
• Director Geoffrey Gay sold 40,000 shares at an average price of C$0.84 on May 23, totaling C$33,600.
• Director Cory Lane Belyk sold 38,500 shares at an average price of C$0.86 on May 26 (C$33,110), plus earlier sales of 25,000 shares at C$0.85 (C$21,250) and larger blocks in prior sessions.
• Director Shane Shircliff sold 5,500 shares at an average price of C$0.82 on May 23, totaling C$4,510.

These clustered sales from multiple board members suggest a bearish tone among insiders, which may be influencing investor sentiment and contributing to today’s share price decline.